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What is BJ8 worth?

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67BJ8

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I have a 1967 Austin Healey 3000 BJ8. I am just finishing it up after a long rebuild. The engine was rebuilt by John Kuhar at Medina Motorsports and is bored .030" over with a new cam and pistons. The head is no lead. I took the car down to the last nut and bolt and put in new floors, outriggers, rocker panels, wiring harness, and gas tank. The interior and top are new from Moss Motors. The car is painted the original red color. The paint job is very good, however in just the right light some sanding marks are visible in the paint in a few areas. The wheels are British Wire Wheel and new tires. The car is not for sale. I would like to know what it realisically is worth. I know that without seeing the car in person that it is tough to do, but I would like a ball park figure if possible.
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:cheers: What's it worth? Hmm let's see, just ask your wife.

Or, you could have it professionally appraised for about $50 where they check various recent sales on ebay and auction houses. Helps if you have a spreadsheet and receipts to back up actual expenses. The bottom line is, something is only as valuable as what someone else is willing to pay.

I've been told to add up all your expenses, add an additional $15K for your labor, and there you go.
 
I just finished my 64 BJ8 PH I. I contacted Hagerty about insurance and what it was worth. I told them just about what you did and that it was not a professional restoration. We all know they are in the business of selling insurance but he said that it was worth about $80K to $100K. Three BJ8's sold earlier all for over $100K at auction. In reality it is probably worth between $50K and $70K. Have a good day!

John
 
https://www.nadaguides.com/default.aspx?L...85282&da=-1

NADA Guides. I find them relatively accurate (+/- 15%). Please note that the high retail price is for an excellent car, but not a concours type, which explains the difference between their high retail and the prices you see at Barrett Jackson or Russo & Steele

Jody
 
Thanks for your replies. I have been looking at cars both on Barrett Jackson and E-bay. I think that the cars at auction tend to go high because the cars can be inspected first and then some bidders get caught up in the moment and bid too high. Ebay seems to go somewhat low. I think that is because a person would be taking a big risk to bid high on a car that in most cases he cannot inspect. Then again, some people do get caught up in bidding there too. I saw an original BJ8 choke cable bid up to $180.00 one time, of course that is not a car. My insurance on the car is $25,000 so I should consider jumping it up. By the way, the rebuilt engine with a larger displacement and somewhat hotter cam really makes my car perform.
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Could you put a price on your children? For insurance value, I have my BJ8 phase 1 insured for 35K. Unless there is a fire distroying it all, then that's what I figured to rebuild it. (or sell off the parts after I buy the remains back from Hagerty)
I think a pristine one would only bring 50 to 60K. Rogers (Ausmhly) is an award winner and would bring that price. There are many out there that would fit that price range. More than that dollar amount is blowing smoke especially in this economy. Mine is a driver but a beautiful, nice, clean, well maintained one. I don't repaint it cause then I wouldn't drive it as often. (Some slob rolled a shopping cart into my XK140 Jag 3 months after 8 coats of hand rubbed laquer and said "its only a car". I didnt take it out of the garage often for the next 14 years) Don't over value, you will pay for it every year.
 
A car is worth what someone will pay you when you want to sell it. That doesn't help you as you need to insure it. Insurance values are always on the high side, but I think you should insure it for between 45,000 and 55,000. Doesn't mean you'll get that if you want to sell it but if your garage does burn down you should have enough funds to buy a replacement.

The values of BJ8s in American auctions never ceases to amaze me. These cars are not rare, in fact they are the most common of all Healeys on the road. I would interested to know just who are these people that pay $100,000 for a BJ8. Are they really Healey people?
 
I agree with what most everybody has said, what it it worth, probably somewhere around fifty grand, but as you have probably already seen nice big Healeys can go for a LOT more, but nice drivers can also be had for well under $50,000 if you shop around, a lot depends on the venue.

Looks like a nice car, and sounds like you did it the way I like em, a little extra performance, but still a nice looking and driving stock appearing car.
 
these cars are worse than an old house that needs work there's always something to do and your never satisfied trying to upload a pic can someone help me out
 
re: "trying to upload a pic can someone help me out"

Click on "Reply" on the bottom of a post, then click on the fourth icon from the left to upload an image.

67BJ8, where's your brake servo hose? Is that it routed behind the valve cover (not sure that's a good place for it)?
 
Ric57,

The best way to install a photo is go to the photobucket website (photobucket.com)and set up an account. It is free and after you have an account you can upload photos to it.
You can specify that the photo that you upload will be about 800 by 600 which should work. Once you have the photo uploaded you can just put the curser on the photo and a few options will show up. One of them is "direct link" You will see a web address on it. Highlight the address and hit control C to save it. Now when you want to use that photo like I did in this forum click on the 4th block from the left at the top of this paragraph. (Some computers will ask if you want to OK this operation.) This will bring up a box asking for the link to the photo. Delete the http// in the box and then hit Control V to paste the saved link into the box. When this is done you should have a picture inserted when you hit "Preview Post"

Larry
 
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